What is Welltower Inc? Welltower Inc. is a real estate investment trust (REIT) that primarily invests in healthcare infrastructure, focusing on senior housing, post-acute care facilities, and outpatient medical properties. The company acquires, develops, and manages these healthcare-related real estate properties, providing essential facilities for healthcare providers and senior living communities while generating income for its investors through property leases and partnerships. Why do I like it so much? Unlike most charts you pull up, it is still in a bullish trend. Well above its 20,50, and 200-day simple moving averages. Moreover, my S.A.M Scanner rated it an A+ setup on the 78-minute, and 1-hour chart yesterday morning. It also had a "squeeze" on a 2 and 4 hour chart. Making it a valid TPS setup. Action Plan: I'm long WELL call options in my Daily Profits Live Portfolio, with a target at $116 and $118. And a stop on close under $110. If you'd like to learn more about what and how I trade in Daily Profits Live, check this out. |
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